Is globalization good for the world’s economies? What are the main arguments that maintain that globalization is bad? The debate as to whether globalization is good for the global economy is not a simple one—there are many factors to take into account. Principles of comparative advantage highlight the positives of globalization. But globalization still has its skeptics. Mostly, skeptics focus on the arguments that globalization is bad for the planet and for the poor. In this article, we’ll discuss how globalization has changed the way economies function and consider two arguments against globalization: the planet argument and the poor argument.
Tim Harford: Is Globalization Good for the Economy?










